Aesthetik Engineers launched impressively on the NSE SME, with its stock debuting at ₹110.20, a 90% increase from its initial price, showcasing strong market confidence in its business potential.
On the final day of its bidding, Aesthetik Engineers IPO saw overwhelming interest, with the subscription reaching 705.26 times the shares offered, indicating significant investor demand.
Aesthetik Engineers Limited specialises in designing, engineering, fabricating, and installing facade systems such as aluminium doors, windows, and railings, catering to various sectors including hospitality and commercial. They focus on quality, consistency, and efficiency in their projects, leveraging over two decades of experience to provide cost-effective solutions that meet global standards.
Aesthetik Engineers Ltd aims to fund capital and operational needs through its IPO, allocating funds for expanding facilities, purchasing machinery, and increasing working capital. The remainder will support general corporate activities to enhance business operations and market presence.
